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Monday, February 20, 2012

Mumbai: At least six global airlines have in February cut flights in India

International airlines trim flights to India - Corporate News - livemint.com

Mumbai: At least six global airlines have in February cut flights in India, the world’s ninth-largest aviation market, hit by high cost of operations at local airports and a global economic slowdown that has compelled them to cut costs. Deutsche Lufthansa AG and Qantas Airways Ltd are joining AirAsia X Sdn Bhd, KLM Royal Dutch Airlines, Austrian Airlines and American Airlines in slashing India flights. Malaysian low-fare carrier AirAsia Berhad had suspended its operations from the Hyderabad airport on 11 January, two months after GMR Hyderabad Airport Pvt. Ltd (Ghial) nearly doubled international passenger charges to quicken profitability. Deutsche Lufthansa will suspend its Kolkata-Frankfurt operations from 25 March. Its group airline, Austrian Airlines, said on Monday it will stop Vienna-Mumbai service on 25 March because of a challenging economic situation.

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